Climate Change Data

Fotowatio Renewable Ventures, S.L.U.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:3943.6 tCO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:95% of tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:> 5000 megalitres
Waste Generated:> 3000 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced Scope 1 and 2 emissions intensity (tCO2e/GWh) by 30%
  • Implemented initiatives aimed at further emission reduction and offset
  • Developed new approaches to implement circular solutions for water and waste management
  • Implemented programs to safeguard protected species throughout the lifecycle of projects

Social Achievements

  • Allocated more than USD 2 million in new and multi-annual initiatives (infrastructure development, direct investment in local communities, educational programs)
  • 22% increase in Net Promoter Score (NPS) from 2022, measuring associate satisfaction and loyalty
  • Associates completed 3809 hours of job training
  • Implemented social improvements in offices and plants, fostering a more positive work environment
  • Awarded 11 IE scholarships in Uruguay, Jordan, Mexico, Armenia, and Spain

Governance Achievements

  • Established a new Sustainability Committee reporting directly to the board
  • Introduced a new ESG data management tool
  • Developed Sustainability Master Plan 2023-2026
  • Carried out external investigations (External Due Diligence) on potential partners and local developers, issuing 11 compliance reports

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • 25% reduction in Scope 1 and 2 emissions by 2026

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: 80% of new suppliers were screened using environmental criteria; 100% of new suppliers were screened using social criteria; 52 suppliers assessed for environmental impacts; 55 suppliers assessed for social impacts

Responsible Procurement
  • 11.4% of the procurement budget used for significant locations of operation that is spent on suppliers local to that operation in 2023

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • SAAS solutions, a renewable energy certificate (RECs) trading platform and a 5MW green hydrogen production installation project with 5 refuelling stations

Awards & Recognition

  • Not disclosed